Social Security Is Facing Major Benefit Cuts: What You Can Do to Plan for Them
If you didn't catch the news that came out recently about Social Security, here's an update. And it's unfortunately not a good one.The Social Security Trustees reported that the program's combined trust funds are set to run dry in 2034. That's a year earlier than the trustees projected last year. And it means that Social Security could be one year closer to benefit cuts.Image source: Getty Images.Continue reading
If you didn't catch the news that came out recently about Social Security, here's an update. And it's unfortunately not a good one.
The Social Security Trustees reported that the program's combined trust funds are set to run dry in 2034. That's a year earlier than the trustees projected last year. And it means that Social Security could be one year closer to benefit cuts.
Image source: Getty Images.
